Brokers — List your Company Here
Featured local agent — Prairie View, TX
Sarah Mitchell
Compass Real Estate · Prairie View, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Prairie View, TX Housing Market
The typical home in Prairie View, TX is worth $218,415, rose 1.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $380,000, +9.3% year over year (through May 2026). With 7.0 months of supply and homes going under contract in about 194 days, Prairie View is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $218,415 home is about $1,166/mo in principal and interest.
Key numbers for Prairie View, TX
Typical home value
$218,415
+1.0% in 12 months
Zillow, August 2026
Median sale price
$380,000
+9.3% year over year
Redfin, through May 2026
Days on market
194
Slow-moving
Redfin, through May 2026
Active listings
14
7.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$19,106
Home costs 11.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.5%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Prairie View a buyer's or seller's market?
Prairie View, TX is a buyer's market, based on 7.0 months of supply and homes selling in about 194 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Prairie View housing market data show?
Every row below is Redfin's final published month for Prairie View, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $380,000 |
| Median list price | $199,000 |
| Year-over-year price change | +9.3% |
| Median price per sq ft | $201/sq ft |
| Median days on market | 194 days |
| Active inventory | 14 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 94.5% |
| Homes sold (that month) | 2 |
| New listings (that month) | 1 |
| Listings with a price cut | 35.7% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Prairie View is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Prairie View is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Prairie View home prices moved?
Over the last three years the median sale price in Prairie View, TX rose 79.7%, from $211,450 to $380,000. The live Zillow value series has rose 1.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 35.7% of Prairie View listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 7.0 months while the sale-to-list ratio slips below its current 94.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Prairie View market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Prairie View?
Priced off the typical home value of $218,415 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $43,683 | $174,732 | $1,166/mo |
| 5% | $10,921 | $207,495 | $1,385/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,166, that implies roughly $49,972 a year before you add taxes and insurance. The median household in Prairie View earns $19,106, about $30,866 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 11.4x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Prairie View in the next 12 months?
Tell us your timeline. We send the Prairie View market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Prairie View?
Zillow does not publish a rent index (ZORI) for Prairie View, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Prairie View?
Active listings in Prairie View, TX went from 22 in April 2025 to 14 in May 2026, a -36.4% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 19 | 7 |
| June 2025 | 18 | 3 |
| July 2025 | 16 | 2 |
| August 2025 | 16 | 3 |
| September 2025 | 15 | 2 |
| October 2025 | 13 | not published |
| November 2025 | 11 | 2 |
| January 2026 | 10 | 3 |
| February 2026 | 11 | 3 |
| March 2026 | 12 | 3 |
| April 2026 | 15 | 5 |
| May 2026 | 14 | 1 |
Redfin, through May 2026
How does Prairie View compare to Texas and the U.S.?
Prairie View homes sell for $380,000 — 7% above the Texas median of $356,100. Against the national median of $410,700, Prairie View runs 7% lower. Year-over-year, Prairie View moved +9.3% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Prairie View, TX | $380,000 | +9.3% | 194 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Prairie View
What buyers should watch
- Months of supply, currently 7.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 35.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $219 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $218,415 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Prairie View listing goes under contract in 194 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Prairie View added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +1.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Prairie View varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Prairie View
There are currently 14 homes listed for sale in Prairie View, Texas. The median listing price is $199K.
Active listings
14
Homes on market
Median list price
$199K
Avg. days on market
194
Days until sale
New this week
1
Newly listed
How much do homes cost in Prairie View by property type?
How the Prairie View, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $380,000 | $201/sq ft | 2 | 194 days |
| Townhouse | $225,000 | $110/sq ft | 1 | 62 days |
Who lives in Prairie View?
American Community Survey estimates for Prairie View. U.S. Census ACS, 2023
Population
8,220
Households
1,280
Median income
$19,106/yr
Median age
20.9 years
Owner-occupied
20.7%
Median home value
$171,900
Median gross rent
$837/mo
Mean commute
23.3 min
20.7% of occupied homes in Prairie View are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $171,900 against Zillow's $218,415 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Prairie View, TX?
Ordered by distance from Prairie View, not by size. Compare Prairie View side by side with any of them.
Prairie View housing market FAQ
Is Prairie View a buyer's or seller's market?
Prairie View, TX is currently a buyer's market. That read comes from 7.0 months of supply, homes going under contract in about 194 days, and sellers getting 94.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Prairie View?
The typical home in Prairie View, TX is worth $218,415 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $380,000, about $201 per square foot.
Is Prairie View cheaper than the rest of Texas?
Prairie View's median sale price of $380,000 is 7% higher than the Texas statewide median of $356,100, and 7% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Prairie View?
Homes in Prairie View, TX spent a median of 194 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Prairie View?
At the current 30-year fixed rate of 7.03%, 20% down on a $218,415 home is about $1,166 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $49,972 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $19,106.
Are home prices rising in Prairie View?
The typical home value in Prairie View, TX rose 1.0% over the last 12 months, from $216,271 to $218,415 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Prairie View?
Prairie View ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Prairie View?
That depends on your timeline, not on a headline. What the data says today: Prairie View, TX is a buyer's market with 7.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Prairie View, TX
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Prairie View
Nearby markets
Get the Prairie View market brief
Get the Prairie View, TX market brief
One email: what homes are actually clearing at around $218,415, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.